(Mercantile) Mercantile complete technical analysis [charts+indicators] | Buy/Sell Mercantile | (Mercantile) share price targets
Complete technical analysis of Mercantile (Mercantile) by charts plus indicators, forecast predictions and share price targets for Mercantile (Mercantile)
Showing technical analysis as on 2021-06-01 View latest technical analysis
10 day averaged volume of Mercantile is 6499
|Date||Daily Closing Price||Open||High||Low||Volume|
|01 Tue Jun 2021||17.05||17.95||19.65||16.60||1.102 times|
|31 Mon May 2021||17.60||17.75||17.85||17.00||0.541 times|
|28 Fri May 2021||17.40||19.55||19.55||16.60||1.764 times|
|27 Thu May 2021||19.15||18.65||19.50||17.55||1.336 times|
|26 Wed May 2021||18.50||18.85||19.50||18.50||1.35 times|
|25 Tue May 2021||18.50||17.00||19.85||17.00||1.175 times|
|24 Mon May 2021||16.90||17.90||17.90||16.30||0.217 times|
|21 Fri May 2021||17.00||17.00||18.00||15.60||0.4 times|
|20 Thu May 2021||17.50||17.00||18.80||16.25||2.28 times|
|19 Wed May 2021||16.85||17.50||17.90||16.05||0.224 times|
My analysis of stock is bullish for shortterm, and stock might move up till 18.2 or till 19.7. Use a stoploss of 16.89 and if this stock hits its stoploss, then it can fall down till 15.6
Share price targets for Mercantile (Mercantile)
Intraday share price targets for Mercantile (Mercantile)
|Downside Intraday Target||15.88|
|Downside Intraday Target||14.72|
|Upside Intraday Target||18.93|
|Upside Intraday Target||20.82|
|Upside Intraday Target||17.77|
Weekly technical analysis of Mercantile (Mercantile)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|01 Tue Jun 2021||17.05||17.75||19.65||16.60||0.281 times|
|28 Fri May 2021||17.40||17.90||19.85||16.30||1.123 times|
|21 Fri May 2021||17.00||17.60||19.00||15.60||0.334 times|
|14 Fri May 2021||17.60||14.05||20.50||14.05||5.593 times|
|07 Fri May 2021||15.40||13.25||16.00||13.25||1.223 times|
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Mercantile (Mercantile)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|01 Tue Jun 2021||17.05||17.95||19.65||16.60||0.037 times|
|31 Mon May 2021||17.60||13.25||20.50||13.25||2.046 times|
|30 Fri Apr 2021||15.17||12.70||18.15||12.50||1.67 times|
|31 Wed Mar 2021||12.94||12.50||14.22||11.60||0.471 times|
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Mercantile (Mercantile)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||24, 15, 24||Buy|
Price action analysis of Mercantile ( (Mercantile) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mercantile ( (Mercantile) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Mercantile ( (Mercantile) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mercantile ( (Mercantile) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Mercantile stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Mercantile in short term but the sell signal is initial and weak.
Mercantile Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Mercantile in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Mercantile is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 17.85 and Mercantile (Mercantile) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Mercantile (Mercantile) stock. Volume based technical analysis of Mercantile (Mercantile) stock is negative.
Mercantile Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.